OppFi Balance Sheet Health
Financial Health criteria checks 3/6
OppFi has a total shareholder equity of $194.0M and total debt of $334.1M, which brings its debt-to-equity ratio to 172.2%. Its total assets and total liabilities are $601.5M and $407.5M respectively.
Key information
172.2%
Debt to equity ratio
US$334.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.79m |
| Equity | US$194.03m |
| Total liabilities | US$407.51m |
| Total assets | US$601.54m |
Recent financial health updates
No updates
Recent updates
OppFi's High Debt Raises Long-Term Concerns
Dec 18OppFi: Dirt Cheap With Two Caveats
Nov 12OppFi: Growth Impressive As It's Still In The Early Stages
Aug 28OppFi: Is This Lending Platform A Buy?
Aug 19Where Is OppFi Going?
Nov 13OppFi expects Q3 revenue beat, reiterates 2022 outlook amid strong demand
Oct 25OppFi: Subprime Lender Faces The Specter Of A Recession
Jul 01OppFi Inc.: A Potential Bottom
Apr 08OppFi Stock: Trading At Compressed Multiples, But Cheap Can Become Cheaper
Jan 17OppFi: Dipping A Toe In The Water At Under $5
Dec 20OppFi: Crazy Things Are Happening
Dec 13OppFi: A Real Fintech Trading Like A Value Stock, 50% Plus Upside
Oct 21Financial Position Analysis
Short Term Liabilities: OPFI's short term assets ($539.3M) exceed its short term liabilities ($30.4M).
Long Term Liabilities: OPFI's short term assets ($539.3M) exceed its long term liabilities ($377.1M).
Debt to Equity History and Analysis
Debt Level: OPFI's net debt to equity ratio (155.8%) is considered high.
Reducing Debt: Insufficient data to determine if OPFI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OPFI's debt is well covered by operating cash flow (88.6%).
Interest Coverage: Insufficient data to determine if OPFI's interest payments on its debt are well covered by EBIT.